Post by
garyreins on Nov 15, 2024 10:01pm
The thing that irks me
I was reviewing their latest presentation and since 2021 they greatly reduced retail and office and is now significant resedential and industrial (retail and office is <30% of entire portfolio)
Plus their SPNOI growth in 2022 and 2023 was 15% and 10%
Riverlanding came on stream and is leased up, as well as other renvoations
and yet...what, unit price is 30% lower
like whats the point of investing in this cr@p if this is how things react